Whilst potential demand for new cars in the Americas has picked up significantly, the recovery in vehicle production and the original equipment tire market was held back by major shortages of components, specifically semiconductors.
Supply chain disruption has continued into 2023. This has delayed the recovery in the OE tire market, and whilst supply shortages are easing vehicle demand across the region is expected to be affected by higher interest rates, economic uncertainty and increased new vehicle prices.
This report is provided as a PowerPoint briefing, giving a detailed review of the developments in the Americas original equipment PCLT tire market and forecasts for the period to 2028
The PCLT replacement tire market in the Americas made a strong recovery in 2021, particularly in the US, as vehicle kilometres travelled increased following the steep declines in 2020. Sharply higher fuel costs in 2022 slowed the recovery in road traffic and higher inflation is now impacting household budgets and spending. Nevertheless, the value of the market has risen sharply as tire manufacturers have passed on significantly higher raw material costs, with high rim diameter tires taking a larger share of the market.
Country Coverage:
Fig 1 Global Light Vehicle Registrations by Region 2019-2022
Fig 2 Global Light Vehicle Registrations by Region Forecast to 2028
Fig 3 Impact of CASE Trends on Future Tire Demand
Fig 4 Quarterly Change in New Registrations by Country to Q2-2023
Fig 5 Americas Light Vehicle Registrations by Country Forecast to 2028
Fig 6 Americas Light Vehicle Parc by Region Forecast to 2028
Fig 7 Americas Light Vehicle Parc by Country Forecast to 2028
Fig 8 Americas Light Vehicle Parc Density by Region Forecast to 2028
Fig 9 Americas Light Vehicle Parc Density by Country Forecast to 2028
Fig 10 Trends in Americas Personal Mobility Indexed, 2000-2022
Fig 11 Americas Replacement PCLT Tire Segments in the PCLT Tire Market, Forecast to 2028
Fig 12 Americas Replacement and Original Equipment PCLT Tire Volume by Country, Forecast 2028
Fig 13 Replacement Share in PCLT Tire Volumes by Country, Forecast 2028
Fig 14 Americas Replacement PCLT Tire Volume by Country 2019-2022
Fig 15 Americas Replacement PCLT Tire Volume by Region Forecast to 2028
Fig 16 Americas Replacement PCLT Tire Volume by Country Forecast to 2028
Fig 17 Share of Americas Replacement PCLT Tire Volume by Country 2028
Fig 18 Value of the Americas Replacement PCLT Tire Market to 2022
Fig 19 Market Segmentation, Summer, Winter and All-Season Tires
Table 1 Americas Replacement Tire Market Demand By Region and Country 2018-2028
Table 2 Growth in Americas Replacement Tire Market Demand By Region and Country 2018-2028
Table 3 Share of Americas Replacement Tire Market Demand By Region and Country 2018-2028
Table 4 Americas New Vehicle Registrations by Region and Country 2018-2028
Table 5 Americas Light Vehicle Parc by Region and Country 2018-2028
